Stock trading fraud: Police arrest man for cheating 30 investors


Team Udayavani, Oct 6, 2021, 4:17 PM IST

Mangaluru: A man who allegedly cheated many by promising good returns from online investing in stock markets was nabbed by the police.

The accused is identified as Harman Joyson Lobo, a native of Belthangady.

Mangaluru Police Commissioner N. Shashi Kumar said that Harman had collected more than Rs 59 lakh from 30 investors for online share trading.

In this regard, a case had been registered at the Bunder police station.

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